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Riot Platforms, Inc. RIOT Bitmain — Deposit Assets

Discontinued — last reported Q4 '21

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AAOIIncrease Decrease In Deposits And Prepaid For Equipment Related To Property And Equipment Additions
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HUTCrypto Assets Pledged For Miner Purchase Non Current
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HUTCrypto Assets Pledged For Miner Purchase Current
$84.69M-8.3%

Other financials

Income statement

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Revenue$167.2M+3.6%
Operating income-$499.9M-114%
Net income-$500.5M-68.9%
EPS (diluted)-$1.44-60.0%

Balance sheet

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Cash & equivalents$205.7M+25.6%
Total debt$877.2M+41.8%
Total equity$2.4B-18.7%
Total assets$3.4B-7.6%

Cash flow

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Operating cash flow-$182.7M-49.6%
CapEx$115.5M+251%
Free cash flow-$298.1M-92.4%

Valuation

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Market cap$10.63B+87.9%
Enterprise value$11.3B+81.7%
P/S16.3×+3.9×

Profitability

See full
Gross margin62.4%
Operating margin-136%-835pp
Net margin-132.8%+148pp
FCF margin-140.4%+36.0pp

Returns & leverage

See full
Return on equity-32.5%-189pp
Debt / equity0.4×+0.2×
Current ratio1.1×-2.1×

Where this comes from

Reported directly by Riot Platforms, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DepositAssets.

The official record: Riot Platforms, Inc.’s 10-K/A, filed November 23, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Riot Platforms, Inc.'s bitmain — deposit assets?
Riot Platforms, Inc. (RIOT) reported bitmain — deposit assets of $85.7M in Q4 2021.
What does bitmain — deposit assets mean?
The total value of advance payments made to suppliers to secure future mining hardware deliveries.
How do you interpret bitmain — deposit assets?
An increase suggests significant future growth plans and supply chain security, whereas a decrease may indicate completed deliveries or reduced capital investment.
How does bitmain — deposit assets compare across companies?
Similar to 'Advances to Suppliers' or 'Capital Expenditure Deposits' found in the balance sheets of capital-intensive technology and manufacturing firms.